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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given

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You have been asked to develop a pro forma statement of cash flow for the coming (base) year for Summer Place Mall. The information given to you is listed below. Property Information: SUMMERPLACEMALLAgeofImprovementRentableArea(RA)CommonArea(CA)NumberofTenants10years400,000squarefeet160,000squarefeet40 Financial Information: Required: a. From the above data, develop a pro forma statement for a base year showing net operating income (NOI) for Summer Place. Revenue: Base rents Add: CAM recoveries Overage rents Vacancy Insurance Maintenance/Repair Management/Administration/Leasing Property taxes Net operating income Net operating loss

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